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Becrich Building 599 S Barranca Ave 27,038 SF 96% Leased Office Building Covina, CA 91723 $6,888,000 ($254.75/SF) 6.72% Cap Rate



Investment Highlights
- Great Street Visibility at Signalized Corner
- Traffic Count of ±29,196 Cars Per Day
- Value-Add Upside to Market Rents
- Building Signage Available
- Approximately 97% Occupied
- Zoned Office, Medical, Dental, Retail (verify)
Executive Summary
street exposure with building signage facing Barranca Avenue and Rowland Street.
This property is unique in the area with a prominent rounded corner facade, four stories including a basement level and penthouse, both subterranean and surface parking, elevator service and multiple entrances. Pride of ownership shows at this well-maintained property with tile lobby, black awnings, striped parking and green landscaping.
At approximately 97% occupied to a diverse tenant base, the building delivers an in-place NOI of $462,764 at a 6.72% cap rate, with continued upside as remaining below-market and month-tomonth suites are brought to market. Flexible zoning allows for a range of office, medical and retail uses, broadening the pool of prospective tenants.
Located in the heart of Covina, over 29,196 cars pass daily at this busy intersection with easy access from the I-10 (San Bernardino) freeway. National retailers at Eastland Shopping Center, IKEA and Shoppers Lane are minutes away, Downtown Covina and City Hall are a short drive, and Emanate Inter-Community Hospital is 1.2 miles northwest.
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Secure Storage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
All Care Therapies was established in 2011 and provides telehealth and in-person speech, occupational, and physical therapy services. The company uses a hybrid care model that includes teletherapy, clinics, and in-home services. All Care Therapies has expanded its services through strategic acquisitions, including Therapy Blocks in 2023. The company operates in multiple states and is headquartered in Woodland Hills, California. All Care Therapies aims to make therapy more accessible through technology and partnerships with healthcare providers.
Dieta Efectiva began in 2003 with a focus on weight management and natural wellness treatments. The company offers auricular therapy for weight loss, pain management, and stress support, along with herbal tinctures for issues such as digestion, hormone balance, and general detox support. Its services also include La Plancha body-sculpting treatments, facial care, and teeth whitening. The business blends traditional and modern methods centered on personalized treatment plans and natural approaches to health and appearance.
Novus Health Systems was founded by professionals with experience in healthcare receivables and software development, and the company grew around Medi-Cal and Medicaid billing workflows for hospitals. The company provides back-end follow-up for aged receivables, front-end billing support, payer eligibility services, custom training, and data-processing tools built to reduce bad debt and improve cash flow. Novus Health Systems also offers BillPro-related automation for remittance posting, account follow-up, and other billing functions used by healthcare providers. The business remains centered on helping hospitals and other care facilities manage complex claims and receivables processes more efficiently.
Pacific Coast Counseling is a clinical social work practice in California that provides telehealth and in-person counseling for children, adolescents, and adults. The practice focuses on support for childhood trauma, grief, anxiety, depression, separation anxiety, inner child healing, life transitions, and related family or relationship concerns, while also offering help with coping skills and emotional healing.
Quien Sigue Barber Shop began serving customers by 2019 and built its business around men's grooming services. The company focuses on haircuts, beard care, and facial services, and also offers grooming products alongside its barbering work. The business operates in Covina, California as a barber-focused service provider.
The office of Sipra Sengupta & Katie operates as a mental health services provider, categorized under counseling and psychotherapy services. Available business directories identify the practice as involved in general mental health care, serving a local client base for therapy and support.
Socal Esthetix is a beauty services business focused on hair removal and esthetic care. The company offers lashes, facials, brows, and waxing services through an appointment-based model designed around flexible scheduling. Socal Esthetix maintains a local presence in the Covina area and serves clients seeking personal grooming and skin-care services through a compact, specialty-focused format.
Express Employment Professionals began in 1983 as a staffing business and expanded through franchising in 1985. The company connects job seekers with full-time, part-time, temporary, and direct-hire roles while helping employers fill office services, light industrial, skilled trades, healthcare, and professional positions. Express Employment Professionals operates through locally owned franchise offices supported by shared international resources, and the brand has grown into a broad staffing network with a presence across the U.S. and several other countries. The company's market presence centers on employment placement, workforce solutions, and franchise-based staffing services for businesses and job seekers.
Sweet Luxe Esthetics is a beauty services business in California that focuses on esthetics and personal care. The studio offers waxing, facials, makeup, lash services, and haircut services, providing a mix of skin care and cosmetic offerings. The business operates as an appointment-based salon built around beauty treatments and client consultations. The company maintains a Covina presence and serves a local service-oriented market.
Wheeler & Associates has long operated as a tax-focused practice that serves individuals and small businesses with tax return preparation, bookkeeping, accounting services, and financial planning consulting. The firm has maintained a multi-decade presence, and its service mix also includes tax consulting and related financial support. Wheeler & Associates operates a professional services model built around personalized tax help, recordkeeping, and broader accounting guidance for clients with ongoing filing and planning needs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Health Care and Social Assistance | - | - | Modified Gross | May 2025 | |
|
Information | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Quién Sigue Barber Shop | Services | - | - | - | - | |
| Sipra Sengupta & Katie | Health Care and Social Assistance | - | - | - | - | |
| Socal Esthetix | Services | - | - | Full Service | Jun 2025 | |
|
Administrative and Support Services | - | - | - | - | |
|
Services | - | - | - | - | |
| Wheeler & Associates | Professional, Scientific, and Technical Services | - | - | - | - |
Property Taxes
| Parcel Number | 8445-024-046 | Improvements Assessment | $3,024,442 |
| Land Assessment | $1,591,812 | Total Assessment | $4,616,254 |
Property Taxes
Presented by
Becrich Building | 599 S Barranca Ave
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